High-yield and high-grade credit spreads The above table shows the trend in high-yield and high-grade credit spreads since mid-May ’24. High-yield credit, which is my early-warning recession ...
High yield credit had a strong year (to date), as yields rallied and spreads followed, while defaults didn't blow up as feared. In Europe, the index default rate stands at 2.7% and the US at 1.2% ...
NEW YORK (Reuters) - U.S. corporate credit spreads hit fresh multi-year lows ... Spreads in the ICE BofA U.S. High Yield Index, which tracks so-called junk bonds, dipped to 289 basis points ...
Private credit has more than doubled in size since 2019, ballooning into a $1.7 trillion industry. At the same time, returns in publicly-syndicated corporate debt markets have become significantly ...